Tuesday, September 26, 2017

Property investment hacks designed to maximise your income potential

The lower value of
the pound, growing demand in the UK for rental homes and a changing rental
sector are all reasons why a wave of new investors from Russia, the Middle
East, the EU and South Africa are now starting to spend big on British off-plan
rented properties. However, for the many new investors thinking about joining
them, it can be a daunting prospect filled with the potential for risks and
loss.

It doesn't need to be
this way, however. While nerves are understandable for newcomers to the
investment market, there are ways to mitigate against risks and give yourself
the best chance of success. Here, UK property specialist ExperienceInvest reviews some investment hacks that are designed to lower risk and
maximise your income.

Hit the right markets

The number one rule
of property investment is to make sure you are hitting the right markets. As a
new investor, this can be a tricky thing to get right without experience, but
there are essentially two things you are looking to combine; business growth
and demand. Think of it this way; if there are businesses investing big in a
city and more start-ups, and this is fuelling demand from skilled people moving
into the area, there will be a need for growing numbers of rental properties.
When this is the case, investors can maximise their income and lower the risk
of void periods.

Diversify your portfolio

Variety is the spice
of life, and nowhere is this truer than in the world of property investment.
For newcomers who want a safer investment, diverse portfolios are probably the
safest way to put money into the market. When you, for example, put money into
both residential and student accommodationinvestment, you allow yourself to make the most of growth in both markets,
while also protecting your portfolio as a whole if one of your asset classes
starts going into sudden decline. By hedging your bets, you give yourself a
much better chance of a solid income.

Make it passive

Without a doubt, one
of the hardest things for a new investor in the property market to do is to
manage their properties, deal with tenants and attempt to keep track of all
incoming and outgoing funds. With this in mind, why not make your investment
far more passive than active? Investing with a company like Experience Invest
allows you the chance to have a much less involved role in the success of your
portfolio, which lowers the stress and gives you peace of mind that your
investment is being looked after. All you do is put your money in and wait for
your income to start.

Secure your returns

Another benefit of
investing with a company like Experience Invest is that it allows you to further
lower your level of risk in the initial stages of being an investor. Many
newcomers to the market will be concerned about how a new development will
perform in its first few months and years. But working with Experience Invest
can take that worry and risk away by allowing you to spend off plan and secure
a set, assured return over a specified period, so you don't have to worry about
your returns.